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londoners are changing their minds about germans. we first turn to the struggle for democracy in egypt. again, supporters of the opposition are being killed exactly two years after the bloody revolution that toppled dictator hosni mubarak. at the time, egyptia enthusiastically ushered in a new era, but the new president has since left many people deeply disappointed. some egyptians are downright worried beethat under the muslim brotherhood, the country has moved even further from democracy. one blogger is one of those who openly criticizes the new government, but he had to leave egypt to be able to do so. >> the market square is a popular tourist destination. usually, it is filled with people strolling through, taking pictures of st. mary's church, but not everyone carrying a camera here today is on holiday. kareem is not a taurus. he is a 28-will blog your -- 28- year-old logger -- blogger from egypt. the city offered him refuge for one year. the idea was to give him some breathing room and time to feel safe again. his first impressions involved pigeons like these. >> it is not like t
the two nations. we'll have the latest on his trip from dehli. >> and it's still london's fashion week, yes, strutting its stuff, but how luxury brands are faring. we talk to ceo angela aarons. we'll hear from her later in the show. >>> and taking the positive u.s. housing numbers from the nhab numbers. we'll be in new york with analysis at 11:45 cet. >> the italian election race is heating up. there is less than a week before voters head to the polls. comedian turns politician beppe grillo, in fact, is owes closing in on sylvia berlusconi for second place. official polls can no longer be published. the private polls seen by reuter s suggest mario monti may, in fact b with be something of a spoiler. >> and the election largely coming down to five key candidates. the front-runner is bersani. he's the leader of the center left pd party, calling for growth measures alongside monte's plan. sylvia berlusconi is threatening to make a political comeback despite corruption scandals. we've mentioned the comedian beppe grillo. at the same time, the former caretaker mario monti, he's been struggl
's 12:00 noon here in london. 7:00 a.m. in washington and 1:00 p.m. in the hague where officials say they have unearthed football match-fixing on a scale not seen before. the european police organization stays scam involves millions in bribeds and a crime syndicate based in asia. it results in some high-profile matches including the champions league. >> among the 380 or so suspicious matches identified in this case, they are qualification matches for the european league football championships, two u.a. champions league matches including one played in england and several top-flight matches in the european national league. in addition another 300 suspicious matches were identified outside europe in africa, asia and south and central america. so this is match-fixing activity on a scale not seen before involving hundreds of criminals and corrupted officials and players affecting hundreds of matches and generating very large amounts of elicit profits. it is also the work of a sophisticated international crime syndicate. based in asia and working with criminal facilitators around europe.
've seen -- what was it, the bruin london pack is deepening. so in some ways, it seems as though it's deepening. just a bit of news here following the discussion we had with stephane just a few minutes ago. the french finance ministry is now saying the state is not -- it's taking a stake in peugeot. it's not on the agenda. peugeot shares are down about 2% currently on the cac 40. it says an asset write-down doesn't mean it needs a capital boost, that the write-down doesn't affect its solvability or liquidity and that the probabilities pursue a recovery plan. all of this coming out of the french government is ironic in the first place. now you can see shares falling almost 275%, ross. clearly there is some hope that there would be a benefit here or help from the government without necessarily nationalizing, but they say their priority is to strengthen the gm alliance. we'll keep an eye on gm shares and see if they want to move it along. >> so no stake at the moment, according to french government. meanwhile, the world's fastest main, usain bolt could be ready to end his uk competitio
month alone. this is al-jazeera live from london. people are killed a suicide bomb on police headquarters in iraq. the egyptian protests of a man being beaten and why the story was changed again. the opposition leader of spain joined protests calling for the prime minister to quit over corruption. football couple -- oldest football club becomes the latest victim in the economic crisis. >> the president of syria has accused israel of trying to stabilize its country. the warning comes as new u.s. figures show the number of serious refugees rose by more than 25% last month. the president told state television the military is ready to confront any act of aggression by israel. this follows an air strike outside the capital of damascus on wednesday with the government has blamed on israel. the promise came as he met the head of a rob's and national security council. the theory of conflict has dominated high level talks at a security conference in germany. the defense minister of israel appears to confirm speculation that israeli forces were behind wednesday's attack near damascus.
contention. of course, in the london market, around about 18% of the london market cap is made up of russian companies because they're not sure about the quality of the investor base in russia to, obviously, have those listings. now, i spoke earlier to yevgenni , the head of the moscow inter bank exchange. it had its ipo just over an hour ago. it's trading just above the issue price of 55 rubles. and i spoke to the ceo about some of these key issues and about getting international investors excited about investing in an ipo here in russia or hong kong. let's listen in. >> the importance is for our business going forward because we come and speak with our clients and say, listen, you can do a sizable ipo on the exchange. we want to go out there and demonstrate it ourselves that we can go and raise half a billion dollars. it's a good saturday start. >> what has the international community been like? >> it has been predominantly good in judicial names. >> when i look at russian companies, i know that now roughly around about 18% of the listing market cap on the london market, for instance. why
london. they can hear us here in spain but will take some time for this noise to reach london. the workers they feel can make sack cry tieses without giving them anything back. >> iberia is unprofitable being batted by spain's woeful economy and competition from low-cost carriers but they said the plan is just too dramatic and they are intending two more five-day strikes to drive that point home. >> top stories here, supporters of the president hugo chavez have been celebrating his return. he touched down in venezuela on monday. officials say he is being taken to a military hospital. a report by u.n. investigators has found new evidence of war crimes by both sides in syria. it has identified seven alleged massacres and want the international criminal court to investigate. striking staff from spain's iberia airlines fought with police as they tried to invade a terminal at the international airport. day one of five-day strike as the charle is planning to lay off staff. the israeli army used tear gas to break up a demonstration. it was in solidarityy. palestinians are in israeli
not conceded a goal in competitive place since mid-december, but london is promising passion on the pitch as the gunners pursue their last chance in the season to end a trophy trout stretching all the way back to 2005. >> unlike bayern munich, and now only have the champions league title to play for. out of the cup and out of contention in the english premier league, they need a big performance against the bavaria's to quiet the critics. >> of course, we will try to score goals. but we tried to go forward and tried to score goals. >> in london, they are hoping to continue their solid season. >> of course, the champions league is something special. the best teams in europe compete in it, so the play is at a much higher level than in the bundesliga, depending on the circumstances, of course. >> there's always this second leg. in three weeks time in munich. >> it has been years in the coming, but soccer is finally on the brink of a revolution. goal line technology has been cleared for usage during this year's confederations cup in brazil as a dress rehearsal for the 2014 world cup when it wi
experienced group reading aloud in a west london library. it is a weekly event. one of 300 groups organized across britain by the router res organization. everyone is welcome. the atmosphere is friendly and relaxed. >> i feel that in the time i have been here, i have enjoyed myself. i have learned a lot about literature. i think i have developed as a person. >> it is more than just reading and talking about a book. it is about engaging with others in a social enterprise. she also reads in hospitals and prisons. she says the venue makes no difference. >> i think i have always known that reading is therapeutic. when people could not read, maybe there were less books around. people would sit around and read a story. >> another group, this one in london's mayfair neighborhood. >> 15 or 20 people sitting on a rug, gathering. with no other agenda than listening to a story -- it is a beautiful thing. >> the groups vary, but all provide a safe environment for talking. if topics straight into the awkward or too personal, the leader can return to the text -- stray into the awkward or too personal, th
state from the finance ministers. we have a roundup of the g-20 meeting in moscow. >> and london fashion week is under way and international expansion seems to be the latest trend. we'll hear from top designers who are putting their foot forward on the global runway. >>> first, standard & poors says it wants more time to gauge shinzo abe's rating policies. s&p says recent policies could reflat japan's economy. but the government's books will continue to be weighed down by heavy debt. that's even if plans go ahead to raise a sales tax. there's a one in three chance of a downgrade this fiscal year. this is as the japanese prime minister shinzo abe says he will consider changing the bank's mandate. he didn't comment on current policy. all this as investors determine who will become the bank of japan's next governor. front runners for the post include former bank of japan deputy governor and the head of the asian development bank harikahiko tura. >> we did catch up with taro at a meeting this weekend in moscow. the next boj governor was covered, but the first question, whether mr. aso though
degrees in london. 6 degrees in paris with rain showers likely and seasonally cold in moscow. in north america we can see clouds moving across the eastern u.s. and canada. underneath it's there's a lot going on. heavy snow showers and strong winds and drenching rain to the south. let me talk about this one. this system produced at least 15 tornadoes in the deep south on sunday. flooding rain will remain. winds are going to be problematic up to 130 kilometers. it's going to shift in towards the east and snow showers for the northwest on your tuesday. temperatures are not doing too badly in many locations but oklahoma city is going to be an exception. all ght. in east asia is new season has formed producing heavy rain and thunderstorms for taiwan as well as southern islands of japan. this system will head toward the east developing as it does. very cold air is coming in from the north producing lower temperatures across much of japan and precipitation. rain could change over to snow when it reaches central japan from wednesday night. tokyo we could be seeing snow showers from tonight. th
that he talked about on july 26 in london last year, which is the outright monetary transactions where the ecb would buy bonds from the country's in trouble along with the european stability mechanism under certain conditions. in other words, certain conditionality. no, the ecb is not going to put up that conditionality. they have enough as the central bank and no as a supervisor for the banks. and so it will probably be the international monetary fund, but they have not really agreed what kind of conditionality they're going to put up into is going to do it. the lead candidate for this should be spain, but the prime minister of spain told me several months ago, he would only go in to this program f there was no additional conditionality other than what he was taken because he thought he was taking enough in spain. second of all, if the ecb could prove to him that by taking his son that the spreads for the cost of issuing bonds would go down significantly. as you see, nothing has been done there, but what psychologically is of the markets and other this program is there. there really h
. and his speech in london was definitely a discontinuity point. i think he is what -- he impersonates the kind of leadership that we need in europe, someone that is, i would say, multicultural and that has a very clear perception of the global reality. while most of politicians in europe are purely domestic and, therefore, do not fully appreciate that we are competing in a global world. however, mario draghi sits in frankfurt and we need to implement reforms here and italians have to take charge of that, for that. and it's very interesting because you're referring to margaret thatcher in the uk and schroeder in germany. in continental europe, perhaps it is easier for center left coalitions to push forward with structural reforms because they can get the buyin of a larger segment of the population. >> do you think by doing what mario draghi has done he's actually given italy the stability no matter what happens at the election in order to pass through these reforms? he controls the market, in a sense? >> well, that is a very important form of insurance. the results are another one that
sportscaster and fox news analyst, jim gray, who interviewed pistorius at the london games last summer. jim, let me begin by simply saying to you, you met him. you spoke with him. what did you think? >> i was speaking to him at the height of his life. he said it was a moment that he would cherish forever. he had just completed the race. he finished last. but after so many years of trying and being thrown out by the iaaf if getting his appeal overturned by the arbitration court, being able to appear after not being able to appear in beijing and then on the track in london, he said it was the highlight of his life. he said he had cramps in his cheeks from smiling so much. he had felt he would have an impact on the entire world for the rest of his life because he was the first guy to be a double amputee to compete. so it was a special moment for him. so i saw him at the height of his life and it was only a four-minute interview. 3 1/2 minutes. of course, he was respectful, courteous, on time. he was all those things that a guy in that position you would expect. but to say that i know him, i do
sovereignty. i'm julie mcdonald. this is al-jazeera live from london. video of police stripping and beating a demonstrator fuels anger in egypt. syria's opposition tries to bring law and order to the streets of aleppo with a new police force. spain's prime minister denies receiving secret payments in a growing corruption scandal. and find out what drove a member of this japanese pop group to shave her head and apologize to her fans. welcome to the program. the french president francois hollande says his army will stay in mali until sovereignty is restored. he made the pledge on a triumphant trip to the country days after french troops ousted the rebels from the last of the three main northern cities they'd occupied. hollande got a hero's welcome visiting timbuktu. jackie is in timbuktu for us. not quite mission accomplished but it seems like hollande was welcomed, indeed. >> yes. francois hollande saw this as a mission of three stages to prevent the rebels from continuing their advance south, to recapture towns taken by the rebels and restore territorial integrity sovereignty to mali. the t
around the corner from us here in london. thank you for coming by. >> pleasure. >> do you agree with what the white house is saying and what a lot of these ceos seem to be saying which is that the country is suffering a lack of competitiveness because of the lack of immigration policy? is this the next issue on the agenda? >> i think it's one of the issues. look at how they acted after 2008. i mean, the recession technically in the u.s. was smaller than it was in the eurozone. but the measures that were taken in the u.s. at that point in time in 2008 and 2009 were a lot more stringent than they were in the eurozone. if you look at the job cuts at that point in time, if you look at insolvencies, i think it's a lot more stringent than it happened here. but the flip side of the coin is the way it worked itself out of the recession i think is more impressive than what we're seeing here. wouldn't you say that has more to do with avoiding a sovereign debt crisis by virtue of not being a haphazard monetary union? >> that's part of it. but also, i think the way the u.s. manage itself out of the c
the business. the core of the bank remains the same. london investment bank and new york investment bank. the core of the bank remains the same. they're making changes around the area and the core of it is as it was. >> talk about the investment bank in particular. this has been the place where not just barclay's, but a lot of the competitors, too, try and wind things down. this is a place that's been pretty profitable in the last quarter. >> it is. and they're tied slightly with the investment bank. it's a big part of barclay's profit so he couldn't make big changes. he's announced radical cuts last year. that said, he has promised changes to bring costs down which would shift the balance slightly of shareholders. the cost income ratio was about 55% in 2012. he promised to bring that down to the mid 50s. >> just to stay on this point for a second, even ubs has quietly slowed, perhaps, what it was planning to do. it was the investment bank, in fact, that was one of the healthier parts of the business. >> absolutely. it's been a good end to last year for some parts of the investment bank.
. >> palestinian authorities say arafat was tortured in detention. hello. this is al jazeera live from london. italians go to the polls. will these candidates garner enough to get a stable government? paul benedict the 16th reassures programs that he is not abandoning the roman catholic church. what change will this bring? >> we need to go now. >> will it be "argo" tonight at the oscars? welcome to the program. death by torture. that is what the palestinian government says arafat's jaradat died during an israeli prison. they say his death was from a heart attack. jaradat was arrested six days ago on suspicion of throwing stones and wednesday and israeli. his death has sparked thousands of palestinian prisoners on a 24 hour hunger strike. authorities say he had bruises and broken ribs and a bloodied nose. >> it is clear that jaradat was subjected to torture which led to his death. i give complete responsibility to israel. it is undeniable that the version of events from israel is made up. >> in my opinion, i blame the prison officers and the israeli prison services. it took them six days. they
in london. it is the first leg of a hectic nine-day dash through europe and the middle east and the maiden diplomatic meeting with cameron will focus on the crisis in syria and iran's nuclear program. he will be headed to germany next for meetings in berlin, the administration has launched an effort to try to salvage a syrian opposition conference he will attend in rome. some members of the opposition council are threatening to boycott the meeting. >> cuban president will step down in 2018 and named a successor announcing the top democrat tick, 52-year-old who will take over the presidency ending 53 years of castro rule. any democrat aisled the post in 1959 followed the cuban rest and raul took over when the health failed for file tell. he said it is time to transfer power to a younger generation. >> the light at the end of the tunnel for commuteers who faced decades of a dangerous highway along the coast. >> 49ers decide the smith >> welcome back at 4:53. there are multiple sources reporting the 49ers have a deal to trade quaterback smith. the speculation is that the kansas city chiefs ar
and soho earnings out of china. htc and mediatex report fourth quarter numbers. >>> back here in london, the jpmorgan trade known as the london well reportedly tried to warning others at the bank months before they led to losses of more than $6 billion. "the wall street journal" citing e-mails reviewed by a senate panel and jpmorgan and say bruno told another trader last january that the size of his bet wag getting scary. managers didn't stop his trades until march. the senate panel is examining whether the bank failed to disclose crucial information to its primary regulator. >>> and talking of wales, we have another discovery in the uk. slightly different nature, this, and it might leave one british man with a hundred thousand pound payday. 50-year-old ken willman stumbled upon a clump of whale vomit while walking his dog. he initially thought it was a football. but picked it up and noticed a foul smell. he then told sinus that a company offered to pay him 50,000 for the vomit which is used to make perfume. but companies in thailand offered up to 4 times that amount. i'm not sure how y
in london or certainly in the u.s. they wouldn't mind seeing at this point. >> we've created a million private sector jobs. >> in britain? >> yeah. >> well, congratulations. >> there you go. that is the great conundrum, right? >> it's true. the different between -- well, and even with germany. the liesh market social security holding up, despite the sharp contraction in the fourth quarter. although this will probably add to the sense that the german economy bottomed during that period. >> did i see any -- i haven't seen any, no. i think that's out a little later. plenty to get through on today's program. >> it's good to be back, by the way. >> biggest take away from the mobile world congress? what's the one thing you saw that you thought, oh, that is really cool. >> i go to a conference like this and i think, machine res taking over the world. >> that's the thing we talk about. i don't like those machine peps. >> exactly. so 50 billion connected-m devic. that's a figure thatjs -- some y the point is, it isn't just about you and i talking to each other on a mobile phone. we are well bey
in london or, no, having a car is liability. i miss driving. i rent cars once in a while. tracy: i think it is time you get one. ashley: yeah, i think so. tracy: local governments and taxpayers help to foot the bill to fund new stadiums for private sports franchises around the country. with the price tag reaching hundreds of millions of dollars, is it money well-spent? rich edson live from the phillies spring training facility in clearwater, florida. hey, rich. >> the phyllis were kind enough to let us stand on the warning track for the story -- fillies. this is the first full week of major league baseball spring training. you have half a dozen teams here on the west coast of the tampa bay region. the tampa bay race are on search for a new stadium. their stayed kbrum, tropicana field, is widely regarded as worth venue in all of sports. the element is government taxpayer financing. there is major role about the role of taxpayers. >> we have definitely seen many communities have promises not kept in terms of amount of construction costs on these stadiums. really deals once things have kind
a new store in central london at 10:45 cet. >>> the secretary of general of the international chamber of commerce in paris. a first on cnbc at clesk cet, 10:00 london time. >>> then a call on comcast shares after the now 100% owner of this company, they've announced they're buying the rest of nbcuniversal in a $16 billion deal. and i still want to say, i feel very comfortable about this. i feel very -- i'm sure you feel happy. good for everybody. >> they like us. >> g.e. stock was up -- >> i didn't like that g.e. stock was up, then i saw the reaction of comcast, all right, they're up, too. >> you, me, fantastic. we're very happy, brian. >> have to say that -- are you pained to say that i should say? >> i don't know. i'm paid, though. don't know if i'm paid to say that, but i am paid. right. have i done enough on that now? >> yes. >>> societe generale swung to a loss on the back of eurozone weakness and one of charges. coming in below expectations, the bank racked up a quarterly net loss of 476 million euros. on top of that, france's number-two listed bank had goodwill writedowns of $2
in london. so you have a live trade in it at the moment. many people are puzzled as to why this stock has only lost now 4% of its value globally. and you have to understand how big carnival is, how well run and is well respected it is within the investment community. this is a huge stock. it has a 30 billion market cap, far bigger than most other stocks within the t&l sector. and on tuesday night when they warned and they did, they had an 8k warning, they said this could cost us 8 to 10 cents earnings per share. that's only 4% of their expected profitability for the entire year. most analysts on average have a buy recommendation. it's a gravy dividend play and, of course, they're so well insured. that's the other thing. if you look back at where we are this time last year, you know, when they have the tragedy off the coast of italy with the concordia, 32 people were actually killed. that isn't happening this time around. but then it was. and they came through and they said, look, we have a $30 million deductible on the ship, a $10 million deductible on the third party insurance and a mont
in london what his favorite ad was but, of course, he said broadcast cnbc, so they don't get to see the ads. can you imagine? >> no, even though i'm from san francisco. >> oh, look at that. >> right. >> still devastated by the outcome, then, i would imagine. >> a little bit. >> my sister is in baltimore. she's pretty happy this morning i would imagine, maybe hurting a little bit, too. >>> regulators are to be given the power so split up uk banks. this is one of the new laws to be outlined by the uk chancellor in a speech coming up shortly. again, we'll carry that speech live here on cnbc, 11:30 central european time, that's about 20 minutes time for those of you in the uk. and we will follow the entire speech plus the question and answer segment. so stay with us for that. meanwhile, there are more changes at the top over at barclay's tonight. chris lucas and general counsel mark harding both announced their retirement, saying it was the appropriate time. mr. lucas is one of four people being investigated over allegations the bank made loans to qatar bought into the company at the height of
. stephane, it might be snowing here in london later today, so maybe you can come up our way and enjoy it. >> thanks for that, stephane. >>> still to come on today's show -- >> sony gets a boost from the falling yen, but will the future remain bright? >>> the euro trades higher. the central bank not expected to move on rates. mario draghi also facing questions about the mo on nti paschi scandal. >> mark carney faces investors in the uk with the policy rate decision later today. >> alcatel lucent's ceo says he's bowing out of the group. he tells cnbc stepping down is for the best. >> i took the decision -- it's hard, you know? it is emotional. it feels like painful. but at the same time, it was better for the company and, therefore, that's what you have to do. >> and the falling yen helps keeps play station in the game. it swings to a third quarter operating profit. >> we have trade data out of the uk. december manufacturing output up 1.6% on the month, much stronger than the forecast plus 0.7. that meant the yen is down 1.7% on the year. december industrial production also up 1.17% on the
will prosecute. >> and it looks like markets are expecting the boj to buy on the london engine, but what about buying overseas? we've seen them indicate support for the esm or maybe looking at peripheral european sovereign debt which interestingly enough, europe is probably appreciative of the fact that someone is buying into the industry. but nevertheless, how aggressive might japan be about buying outside its shores in order to help weaken the yen? >> again, this is probably something that will get a clear picture after the -- will have his first meeting with the boj in march. i agree with you, there tends to be a more aggressive move towards european assets. having said so, i do not know if we will see drastic moves on interest rates overall. let's not forget on the debt side of the japan that most of the debt is in the hands of domestic investors that usually have less demand to increase interest rates for the environment suggest so. >> okay. marco -- >> so at the end of the day, i don't see increase of interest expense drastic for japan in the medium term. >> right, right. well, that's th
on equity of more than 16%. number two, j.p. morgan, even what the london scandal from last year, this bank's finances are in solid shape according to 247, even though they disagree with the report i decided. a profit of more than 21 billion in 2012, and the number one city to bankamerica, wells fargo. the reason it is so safe, this bank makes its money acting more like a bank and a brokerage investment firm and gets a lot of kudos from analysts. also on the last. coming up, the first lick "consumer reports" top five cars for 2013 and next, is 72 the new 30? the details of the new scientific report and a look at what it means for your retired plant. coming up. ♪ ♪ gerri: talk about for everyone, new scientific study saying people are living longer than ever before and that at 72, the new 30. with more on this, the fox news medical a-team every let's start there, talk about the study. at that this was amazing. what do you make of it? >> i love it. and the reality here is that the chances of your dying now at the age of 72 is the same as our chances 200 years ago and dahlia the age of 30.
.p. morgan, even what the london scandal from last year, this bank's finances are in solid shape according to 247, even though they disagree with the report i decided. a profit of more than 21 billion in 2012, and the number one city to bankamerica, wells fargo. the reason it is so safe, this bank makes its money acting more like a bank and a brokerage investment firm and gets a lot of kudos from analysts. also on the last. coming up, the first lick "consumer reports" top five cars for 2013 and next, is 72 the new 30? the details of the new scientific report and a look at what it means for your retired plant. coming up. with the spark miles card from capital one, bjorn earns unlimited rewas for his small business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on eve purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewar. choose double
at the entrance to the embassy. bill: amy kellogg watching it all from london now. has there been a claim of responsibility, amy? >> reporter: not yet, bill. the turkish prime minister erdouan has said it is a suicide bombing there may have been a lot of groups behind this attack or at the u.s. embassy in ankara. it could have been islamist type group operating in turkey. in 2003 there were dramatic attacks on synagogues at the british consulate in istanbul and hsbc bankhead quarters there. separatists typically set off bombs in the southern part of the turkey. they're quite active. there is resistance to the deployment of u.s. patriot anti-missile batteries that have just been put in place to protect turkish population centers from possible attacks from syria. i just got a note from the deputy foreign minister of turkey saying that their hearts and minds are with the embassy staff right now in ankara and the foreign ministry will be issuing some sort of a statement as soon as possible. one dead who is the suicide bomber and a turkish guard at the check point. bill: were there reports of
's higher by 84 -- there we go. it's lower by 61 for wti. brent at 116, n london, lower by 28 cents. the ten-year note. yielding 1.99%. a gain of .8 point. we may have to learn all that stuff if we go back to, you know, trading in fifths at the stock exchange. and then the yen at a 34-month low against the euro and also against the dollar. the head of the central bank has got to leave three weeks earlier than expected. that's leading to more expectations of faster and quantitative easing. gold at 16.69 per ounce. steve? >>> time for the global markets report. who better than kelly evans, standing by in london. kelly? >>> steve, good morning. i just want to pick up on what michelle said. she was talking about what's happening with the nikkei. all i want to show you today is basically forex. this base is driving so much of the return, so much of the trade across the globe. the dollar/yen, 93.66. flirting with the 94 level. we had jeffrey on from ubs saying this could go to 100 in the next couple of months' time. what is that doing for the nikkei? up 3.8% today. a lot of people saying if you th
months. colin ellis is the author of report and joins us now from london. with us is harry dent of h s. dent management who sees conditions very differently. good to have you on the program and want to kick this off with you. tell me what caused the downside risk for the global economy to diminish, and what exactly are you seeing? >> well, i think, really, what we're trying to say is conditions have changed over the last three months. very important that underpinning our global universe of ratings, we have a single consistent macro view, and that's why four times a year we set out that view to investors in the macro update which has been published today. and if you go back three months ago, we had a number of potentially stumbling blocks to the path of the global recovery. we were worried about the potential for something to go wrong with the fiscal cliff negotiations in the u.s. we were concerned about the potential for a hard landing in major emerging markets which have been doing a lot of leg work and driving global growth recently, and we were also concerned about the crisis in the
bureaucracy and paying more to get a u.k. visa just to come to london for two or tree days? >> right. -- or three days? >> right. why isn't britain part of the system in. >> there are lots of reasons, but if i give an analogy, the mexican government last year decided that if you had a u.s. visa, if you fought your way through the u.s. visa mechanism to get a u.s. visa, that was good enough for the mexicans. you didn't have to get a separatea. that's all i'm asking that china consider. they're a big market, there's estimates of losing two billion pounds a year through retail outlets. chinese tourists big spenders. >> at a time when they're looking for any way to increase growth why not pursue this obvious one? >> when chinese come, they come in groups. at the moment, they're not coming to the u.k. if you look in the reverse direction in beijing and shanghai shanghai,they've decided people can go without a visa. they're trying to encourage them to stop on the way to somewhere else, but the u.k. is not listening to the approach. >> when we look at the olympics, that was such a way for b
the future of kiwi raises concerns, markets in london, germany, spain down 1%. asia down as well. shanghai down 3%. jim, you got sequester, you got fed, you got gas prices are, like they all converged in a matter of a couple days. >> you feel the switch has flipped, things going well is going badly. i want to caution the weakness of the month-old fed meetings notes is they are a month old. they see what we see. they don't wake up and say ignore gasoline and forget the sequester around the idea the world is somehow better -- no it's not. i would point out that the sequester chat iris going to grow and grow and grow. so every time you pick the paper up from now on until it happens, it is going to take your breath away. what happens for some of these, military, they are not close the golf courses, a great link. i was looking at all the great golf courses the military has. 800,000 civilians furloughing, that means spending power reduced with the payroll tax holiday. the scare tactics are going to be in and you got to steel yourself if you're going to stay longer. >> you call it a scare tactic,
lindsay lohan to justin bieber to rihanna in london. that's where kent moyer and his group of 200 agents come in. personal protection is a huge business. demand is going up? >> yes, absolutely. >> reporter: why? >> we're in a dangerous time and i think people are a little more concerned about the security. >> reporter: that protection does not come cheap. >> it could be from $250 to $1.5 million a year, depending on the individual client. >> reporter: the danger is so real, the lapd created a unit to handle stalkers making threats against stars like britney spears, paula abdul and jennifer garner. >> reporter: he teaches secret service style tactics and celebrity protection. they learn to deal with stalkers, crowd control and how to make a quick escape. >> let's go! move, move, move. >> reporter: occasionally, celebrities get very close to their bodyguards. the relationship turns hot and heavy. heidi klum admitted sparking a romance with her bodyguard. >> he's been with our family for four years. he's cared for our entire family, mostly for our four children. >> reporter: tv cameras caug
up in a nonfiction way the way dickens was writing tales of the poor in london. so the paper was rivetingly interesting to read, and all these elements combined into what people called western journalism s. sol like a broadway -- so like a broadway play, they test them out before they bring them to new york, well, pulitzer did the same thing. he brought the bankrupt new york world and within months was making millions of dollars and revolutionized journalism in new york. new york being the media center of the country at that time, he revolutionized journalism. one set of anecdotes, as i said,ing pulitzer created this newspaper in the new york world in new york, and he looked down to the lower east side where the masses of immigrants were coming in the 1880s and 1890s, and when i say massings, millions of peep -- masses, millions of people were coming into new york. and the upper class, the upper reaches of fifth avenue saw these folks as a dangerous group. they saw them as poor, dirty, you know, all these kinds of things that they visioned. pulitzer didn't see them that way.
. budapest today, athens tomorrow, london then. as soon as people stand up to the global dictate, the e.u. smacks them down and shows them contempt, arrogance and insults them as you do, mr. cohelpbend it. -- cohen-bendit. [applause] [speaking french] >> translator: well, you won't be able to carry on like this for very long by making caricatures of those who oppose your model. in those circumstances, president, on behalf of france and europe will you decide to turn your back on this ultraliberal, globalist economic model which has been destroying jobs and the quality of life over the last 20 years for all europeans? thank you. [applause] [speaking french] >> translator: so i will now give the floor to president hollande. >> translator: well, i knew that when i came to the european parliament, it would be a way of preparing for what awaits me, and i've got no regrets about coming here this morning. finding people from the same side as me in france who i haven't met for some time, but also i was able to listen to various groups telling me how i could act in the european council. you'd ha
into unsuccessful plots. indeed since the attack in the northern subway system in london england in 2005 there has not been a commensurate significant and substantive attack in western countries yet there have been dozens of dissembling's of of terrorist acts and i talk about some of those here in the chapter and talk about how that has led to a delusion of the credibility of al qaeda as a global catastropcatastrop hic movement. finally there's this critical motion of al qaeda said the certain for conquest. that is a long-standing and critical motion to the base at the core. this too was dashed and i think it's important here for the work in the piece about south asia to understand this is an argument in the chapter that the relationship between bin laden and mullah omar as well as the haqqani network and several talabani's was personal in terms of the relationship between the leaders. i lay out in detail the fact that they never swore a similar buyout and to this day's zawahiri is elliptically referred to as respecting mullah omar and is never swore in the same kind of -- and a linkage to al qaed
're seeing now is as american organizations look to globalize, london is a great opportunity for those businesses as they want to get out and whether their association or a corporation. if they want to run their event, lobbed is a gateway and a gateway city and we're very welcoming as we demonstrated in the olympic games last year, great at welcoming the world. >> but what about europe? it's right on the doorstep and only germany popped up there as being a top business partner. >> well, germany is high, but interestingly, on the mail answers, america and germany were very high. from the female respondents, italy was very high. perhaps sensing a bit of romance and africa, as well. >> really? >> yeah. africa was much higher on the female side than the male side. >> why do you think that is? >> perhaps a sense of adventure and maybe romance, as well. perhaps the guys were answer bing in a businesswide fashion, but the ladies were perhaps a little bit romantic about that. >> what do you now do with these findings? >> for us, our business, as we said, we're an events business and we can dri
and bersani cast their votes. we'll have coverage on that as soon as the polls close, 1500 c.e.t. london time. >>> nicholas anastasia swept to an election victory on sunday. he pledged to work with the country's eu partner toes secure a swift rescue package, insisting that the new government would prepare such an image around the world. >>> and a slowdown in chinese exports has been pulling back on the economy. it posted a fourth consecutive month of expansion. china's hsbc flash pmi index for february slipped to 50.4, the lowest reading in four months and down from a two-year high in january of 52.3. no one is hitting the panic button just yet. >> while the flash pmi slipped from a two-year high in yarn, it tells us china's economic recovery is intact. 6.4 is considered that the week long lunar new year holiday fell in february of this year. look back at lunar new year last year and you can see some of the distortion effect it fell in january 2012. what may be worry background this month's flash pmi is the new export orders subindex. it inched down to contraction territory, add to go existin
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